Analysts See $0.67 EPS for Big Lots, Inc. (BIG)

August 13, 2018 - By Margaret Guttierez

Big Lots, Inc. (NYSE:BIG) LogoInvestors sentiment decreased to 0.97 in Q1 2018. Its down 0.06, from 1.03 in 2017Q4. It turned negative, as 33 investors sold Big Lots, Inc. shares while 103 reduced holdings. 33 funds opened positions while 99 raised stakes. 49.86 million shares or 0.84% less from 50.28 million shares in 2017Q4 were reported.
Engineers Gate Manager Limited Partnership has 25,097 shares for 0.07% of their portfolio. Moreover, Canada Pension Plan Investment Board has 0.01% invested in Big Lots, Inc. (NYSE:BIG). First Advsr Limited Partnership holds 0.01% of its portfolio in Big Lots, Inc. (NYSE:BIG) for 83,253 shares. Moreover, Credit Suisse Ag has 0% invested in Big Lots, Inc. (NYSE:BIG). Kestrel stated it has 2.38% of its portfolio in Big Lots, Inc. (NYSE:BIG). 2,427 were reported by Ls Inv Advsrs Lc. Paloma Ptnrs invested 0.02% in Big Lots, Inc. (NYSE:BIG). Acadian Asset Mgmt Limited Liability Company holds 29,952 shares. James Invest reported 384,365 shares. Trexquant Inv Lp invested 0.21% in Big Lots, Inc. (NYSE:BIG). Renaissance Group Inc Ltd Co, a Kentucky-based fund reported 9,136 shares. Clark Mgmt holds 0.44% of its portfolio in Big Lots, Inc. (NYSE:BIG) for 322,779 shares. Schroder Investment, a Maine-based fund reported 202,000 shares. Voya Investment Management Ltd Liability Corp holds 0.12% or 1.26 million shares in its portfolio. Federated Incorporated Pa has 0.03% invested in Big Lots, Inc. (NYSE:BIG) for 264,479 shares.

Since April 4, 2018, it had 0 insider buys, and 1 insider sale for $903,341 activity.

Analysts expect Big Lots, Inc. (NYSE:BIG) to report $0.67 EPS on August, 24.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.67 EPS. BIG’s profit would be $27.02 million giving it 17.66 P/E if the $0.67 EPS is correct. After having $0.95 EPS previously, Big Lots, Inc.’s analysts see -29.47 % EPS growth. The stock decreased 0.50% or $0.24 during the last trading session, reaching $47.33. About 695,485 shares traded. Big Lots, Inc. (NYSE:BIG) has declined 13.64% since August 13, 2017 and is downtrending. It has underperformed by 26.21% the S&P500.

Big Lots, Inc. (NYSE:BIG) Ratings Coverage

Among 12 analysts covering Big Lots (NYSE:BIG), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Big Lots had 15 analyst reports since March 9, 2018 according to SRatingsIntel. The stock of Big Lots, Inc. (NYSE:BIG) earned “Neutral” rating by JP Morgan on Tuesday, May 22. The rating was maintained by Deutsche Bank on Thursday, May 24 with “Buy”. The stock of Big Lots, Inc. (NYSE:BIG) has “Outperform” rating given on Monday, April 16 by Raymond James. Morgan Stanley maintained Big Lots, Inc. (NYSE:BIG) rating on Monday, March 12. Morgan Stanley has “Overweight” rating and $64 target. The rating was maintained by Loop Capital on Monday, March 12 with “Buy”. Morgan Stanley maintained the stock with “Overweight” rating in Monday, June 4 report. The stock has “Overweight” rating by KeyBanc Capital Markets on Monday, March 12. The rating was maintained by KeyBanc Capital Markets on Friday, March 9 with “Buy”. The firm earned “Hold” rating on Friday, March 9 by Piper Jaffray. JP Morgan maintained the shares of BIG in report on Monday, June 4 with “Neutral” rating.

Big Lots, Inc., through its subsidiaries, operates as a non-traditional, discount retailer in the United States. The company has market cap of $1.91 billion. The firm offers products under various merchandising categories, such as food category that includes beverage and grocery, candy and snacks, and specialty foods departments; consumables category, which comprises health and beauty, plastics, paper, chemical, and pet departments; soft home category that consists of home d??cor, frames, fashion bedding, utility bedding, bath, window, decorative textile, and area rugs departments; hard home category, including small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and furniture category consisting of upholstery, mattress, ready-to-assemble, and case goods departments. It has a 11.92 P/E ratio. It also provides merchandise under the seasonal category that includes lawn and garden, summer, Christmas, and other holiday departments; and electronics, toys, and accessories category, including electronics, jewelry, hosiery, toys, and infant accessories departments.

Big Lots, Inc. (NYSE:BIG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.